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The FCA has today published consultation documents on its approach to authorising firms and its competition rules to see if its powers need to be made more transparent to users.
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Pension transfer values remain stable during November, figures showed today.
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Nearly half (47%) of retirees are unaware of the pension freedoms or the options available to them to access their pensions, according to research by Old Mutual Wealth and YouGov.
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MPs on the Commons Work and Pensions Committee have urged the Government to ban pension cold calls by June 2018 and to introduce compulsory consumer guidance before pension pots can be accessed.
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Insurance industry pay out record £160m a day
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Financial advisers are becoming more apprehensive about increased regulatory change, according to Canada Life’s latest research.
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Proposed changes to income tax bands in Scotland could cause pension chaos for consumers, advisers and pension providers, platform and Sipp provider AJ Bell has warned.
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New research has found that 44% of millennials feel they need financial guidance as they are ‘confused’ about the savings landscape.
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Platform provider Transact will cut its charges as of 1 April as price competition in the platform market intensifies.
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The Government will publish its Spring Statement on Tuesday 13 March 2018, Chancellor Philip Hammond announced yesterday. The Spring Statement will respond to the forecast from the Office for Budget Responsibility.